Sri Lanka, Nov. 11 -- A former chairman of Chilaw Plantations PLC, which operates under the Ministry of Coconut Development and Janatha Estate Development, was arrested today (11) by investigation officers of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).

The Bribery Commission stated that the suspect is accused of failing to follow proper procurement procedures in 2014 when purchasing goods from a company solely owned by an individual who served as a member of Chilaw Plantations' Board of Directors.

The suspect allegedly approved the purchase of 5,000 textile kits at the request of the then Minister, without conducting a proper inquiry. This is alleged to have caused a financial loss of Rs. 3,275,000 to Ch...